REGISTERED NUMBER: 07637078 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2026

FOR

RAIGINS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C A P Kinslow

REGISTERED OFFICE:

Chestnut Court

Otterham Quay Lane

Rainham

Kent

ME8 8AS

REGISTERED NUMBER:

07637078 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

2 The Links

HERNE BAY

Kent

CT6 7GQ

FIXED ASSETS

Intangible assets

5

125,769

142,695

Tangible assets

6

362,286

245,478

488,055

388,173

CURRENT ASSETS

Stocks

171,236

169,421

Debtors

7

981,162

679,960

Cash at bank and in hand

507,920

516,774

1,660,318

1,366,155

CREDITORS

Amounts falling due within one year

8

1,010,733

1,014,228

NET CURRENT ASSETS

649,585

351,927

TOTAL ASSETS LESS CURRENT LIABILITIES

1,137,640

740,100

CREDITORS

Amounts falling due after more than one year

9

(159,501

)

(237,166

)

PROVISIONS FOR LIABILITIES

(90,572

)

(34,016

)

NET ASSETS

887,567

468,918

CAPITAL AND RESERVES

Called up share capital

11

400

400

Retained earnings

887,167

468,518

SHAREHOLDERS' FUNDS

887,567

468,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9th September 2026 and were signed by:

C A P Kinslow - Director

1.	STATUTORY INFORMATION

Raigins Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on a straight line basis

Fixtures and fittings

-

20% on a straight line basis

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The Director has considered the current trading position of the company and, as a result of continued growth and finances to support this, the accounts are prepared on the going concern basis.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 374 (2025 - 306 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st June 2025

187,260

Additions

2,000

At 31st May 2026

189,260

AMORTISATION

At 1st June 2025

44,565

Charge for year

18,926

At 31st May 2026

63,491

NET BOOK VALUE

At 31st May 2026

125,769

At 31st May 2025

142,695

6.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st June 2025

111,092

4,070

228,831

15,031

359,024

Additions

-

-

211,555

31,987

243,542

Disposals

-

-

(97,531

)

-

(97,531

)

At 31st May 2026

111,092

4,070

342,855

47,018

505,035

DEPRECIATION

At 1st June 2025

23,528

1,610

84,606

3,802

113,546

Charge for year

17,513

492

77,648

4,975

100,628

Eliminated on disposal

-

-

(71,425

)

-

(71,425

)

At 31st May 2026

41,041

2,102

90,829

8,777

142,749

NET BOOK VALUE

At 31st May 2026

70,051

1,968

252,026

38,241

362,286

At 31st May 2025

87,564

2,460

144,225

11,229

245,478

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1st June 2025

131,300

Additions

211,555

At 31st May 2026

342,855

DEPRECIATION

At 1st June 2025

21,883

Charge for year

68,946

At 31st May 2026

90,829

NET BOOK VALUE

At 31st May 2026

252,026

At 31st May 2025

109,417

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

576,739

577,880

Amounts owed by group undertakings

5,500

-

Other debtors

398,923

102,080

981,162

679,960

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

627

92,406

Hire purchase contracts

85,845

26,231

Trade creditors

156,697

182,324

Taxation and social security

423,658

306,636

Other creditors

343,906

406,631

1,010,733

1,014,228

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

142,271

Hire purchase contracts

159,501

94,895

159,501

237,166

10.	SECURED DEBTS

HSBC Invoice Finance UK hold a registered fixed and floating charge. The floating charge covers all the property or undertaking of the company.

HSBC UK Bank Plc holds a registered charge over the legal assignment of contract monies.

HSBC UK Bank PLC holds a registered fixed and floating charge. The floating charge covers all the property or undertaking of the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

200

Ordinary

£1

200

200

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

50

Ordinary C

£1

50

50

50

Ordinary D

£1

50

50

400

400

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st May 2026 and 31st May 2025:

2026

2025

£

£

C A P Kinslow

Balance outstanding at start of year

801

-

Amounts advanced

-

18,301

Amounts repaid

(801

)

(17,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

801

13.	RELATED PARTY DISCLOSURES

Included in other debtors is an amount of £6,600 owed by Britten Kinslow Investments Ltd. A company in which Mr C Kinslow is a director.